• Wednesday

    • 1494 validators on solana right now. 19 hold >33% (superminority). 111 hold >66%. Kraken is #4 (2.3% stake).
    • Built a bit more on wordpress.
    • Bitfinex hack from 2016 was ~120k bitcoin, ~94k seized this week. Mt Gox was ~850k bitcoin (2011).
    • Finished the whole Blockchain for Developers book (550p), all exercises.
    • Mental health tech is raising a crazy amount of money recently (>6b 2021).
    • https://www.crypto51.app/.
    • I do quite like the idea of real estate on the blockchain. Ownership, history, escrow, more. Tokens and smart contracts to hold as a trusted intermediary. Nothing hidden or risked.
    • And supply chain. Anything where the full history of something is desired information (some things), rather than just current state (most things). Very inefficient to carry the whole past, but useful for certain applications.
    • But still. Everything is on the blockchain. Imagine, 200 years from now, full citizenship of every human and their votes are on chain. As well as birth certificates, driver’s licenses, everything. Does the year 2300 election care what all the now-dead people voted in 2018? No. But they’re paying for it (storage, compute, however) to remain there. Ok, what about 2000 years from now? Obviously we need to segment at some point in time. And what about point in space? Should we separate voting history from medical history? Real estate titles from motor vehicle titles? There are logical barriers between all of these; inherent exclusivity that becomes too inefficient to join. So we have separate blockchains or token systems for each, across either time or space or both. This MUST happen. Humans in the year 4000 are not syncing the ethereum blockchain from its genesis block. Ok, we’re partitioned now. Uh wait – now we’re not fully decentralized. Different systems manage different spaces and times. Does this sound like anything you’re familiar with? Maybe a database managed by an org?